A deadline for U.S. tariff hikes on two of its top trading partners has global currency markets braced for increased volatility, FX options signal, with the Canadian dollar in the crosshairs. President Donald Trump set the Saturday deadline to impose 25% tariffs on imports from Mexico and Canada in an effort to push them to halt illegal migrants and fentanyl from entering the U.S. Implied single-week Canadian-dollar volatility covering the period over the weekend has jumped to its highest since October 2022.
Money market account rates today, January 31, 2024 (up to 4.75% APY return)
Money market account rates vary widely. So which banks are offering the best money market account rates today? Find out here.
Is the dollar’s dominance at risk? Bitcoin soars, Fed shifts — Weekly Wrap
Bitcoin surges past $105K as pro-crypto policies gain momentum. Treasury Secretary Scott Bessent backs Bitcoin while US states and global banks explore reserves.
Powell’s Fed on Defensive as Diversity Effort Comes Under Fire
(Bloomberg) -- Donald Trump’s offensive against diversity, equity and inclusion programs is putting the US central bank in an uncomfortable squeeze. And so far, the Federal Reserve and its chair, Jerome Powell, appear to be falling in line with the president.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Fre
January Could Become Bitcoin's Second-Best Month in the Last 10 Months
February and March are both seasonally bullish months for bitcoin, with Q1 being the second-best-performing quarter.
Stablecoin Market Surges Past $200B, Signaling Potential Crypto Price Upswing
The stablecoin market has grown by almost $40 billion since President Trump won the U.S. election.
Better Cryptocurrency to Buy With $1,000 Right Now: Solana vs. Shiba Inu
When comparing the outcome of investing in the primary token of a major blockchain like Solana (CRYPTO: SOL) or investing in a silly meme coin like Shiba Inu (CRYPTO: SHIB), the results are often surprising. With a quick bit of study, you'll know exactly which one is the better option for your investment of $1,000. The chain is exposed to a plethora of ongoing and upcoming catalysts, ranging from it being the chosen home of the president's recently launched official meme coin, to the potential approval of Solana exchange-traded funds (ETFs) in the near term, and strong regulatory tailwinds stemming from the new pro-crypto administration in the U.S. In total, those drivers could potentially send the coin's price upwards of $500 in 2025, or perhaps even higher.
Philippine Stocks Enter Bear Market as Growth Worries Weigh
(Bloomberg) -- Philippine stocks fell for a fifth day, pushing the nation’s benchmark index into a bear market, amid concern over potential global headwinds and disappointing domestic economic data.Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financi
UK Bond Market Readies for Retail Investment Rush on Tax Quirk
(Bloomberg) -- Investors are preparing for a flood of retail cash to hit the gilt market after the redemption of a UK bond that has become popular among wealthy Brits looking to lower their tax bill. Most Read from BloombergHow the 2025 Catholic Jubilee Is Reshaping RomeManhattan’s Morning Commute Time Drops With New Congestion TollTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Finan
3 Reasons to Sell EXPD and 1 Stock to Buy Instead
Over the past six months, Expeditors’s shares (currently trading at $113) have posted a disappointing 9.5% loss, well below the S&P 500’s 10.3% gain. This might have investors contemplating their next move.